Expanding The Power of U.S. Latinos

2010 News & Articles

  • 10/19/2010 11:31 AM | TLC Team (Administrator)

    WASHINGTON, D.C., October 19, 2010 The Latino Coalition (TLC) has today denounced the release of two online spots which urge Latino voters not to vote in the upcoming mid term Congressional elections. The spots, produced in English and Spanish by an Alexandria, Virginia-based organization called Latinos for Reform, base their call to action -or- inaction on the failure of President Obama and leaders in Congress to deliver on then presidential candidate Obama’s promise to pass Comprehensive Immigration Reform within a year of assuming the presidency. As this has not happened after two years of the Obama Administration, Latino voters should abstain from voting in all upcoming Congressional elections, the Latinos for Reform spots assert.

    The Latino Coalition strongly opposes such a message, and also criticizes Latinos for Reform for the inaccurate translation of the spot into Spanish. “We are saddened that Latinos for Reform has opted to use this tactic, that can’t be seen as anything other than an attempt to suppress Latino voter turnout in these upcoming elections. If positive changes have been attained for Latinos-and many other groups – in our country, they have largely been achieved by active participation, not passive viewing from the sidelines,” said Hector V. Barreto, TLC’s Chairman and Former Administrator of the U.S. Small Business Administration (2001-2006).

  • 07/14/2010 11:33 AM | TLC Team (Administrator)

    Census Bureau Reports Hispanic-Owned Businesses Increase at More Than Double the National Rate

  • 05/10/2010 11:34 AM | TLC Team (Administrator)
    WASHINGTON, DC May 10, 2010 -- More than 250 Latino entrepreneurs from across the United States and Mexico gathered at The Latino Coalition's (TLC) Economic Summit and Procurement Session, which concluded on May 5th in our nation's capital. The annual event, now a well-known item on Washington's Cinco de Mayo calendar, brought together captains of industry, congressional leaders and procurement officers from government agencies and Fortune 500 companies, to connect and inform the record-setting slate of small and medium-sized Latino business owners who look to grow their enterprises through federal contracting and procurement opportunities.

    A cascade of new TLC initiatives also marked the event, as the organization rolled out an expanded list of member benefits; signed new agreements with collaborating organizations and welcomed new partners and sponsors.
    "It has been a banner year for The Latino Coalition, even during these challenging economic times," noted Hector V. Barreto, TLC's Chairman and Former SBA Administrator (2001-2006). "And I think it's due to the resilience and continued growth of the Latino small business community. I am proud and honored that more and more Hispanic entrepreneurs now see The Latino Coalition as their ally, advocate and go-to-source's on issues related to the welfare and growth of their business."

    Among the new agreements signed at the Summit are partnerships with the National Black Chamber of Commerce, the U.S. Indian Trade Foundation, Hispanic Scholarship Fund, Latino Leaders Magazine and The Ronald Reagan Presidential Foundation. The Ronald Reagan Presidential Foundation agreement is the first such partnership between this organization and a Latino group in the foundation's history. Individual communiques will expand on the specifics of each one of these new partnerships.

    Additionally, the 2010 Economic Summit secured a stellar roster of opinion leaders, elected representatives and government officials as speakers, to address and inform attendees on the most pressing issues confronting small business owners in America. Among these, Former Speaker of the House of Representatives, Newt Gingrich; SBA Administrator, Karen G. Mills; U.S. Senators John Cornyn (R-TX), Robert Menendez (D-NJ) and Lisa Murkowski (R-AK), and U.S. Representatives Xavier Becerra (D-CA), Eric Cantor (R-VA), Mike Pence (R-IN) and Pete Sessions (R-TX).

    Also exceeding expectations, this year's Procurement Session, which gathered more than 25 government agencies and Fortune 500 companies and secured more than 425 one-on-one appointments for Latino entrepreneurs.
    As part of the Summit, The Latino Coalition also announced that its members will now enjoy an expanded and improved list of benefits, which will include a more robust offering of health insurance benefits, exclusive discounts on HP products, and significant savings on all Intuit products, among others. As a signature new benefit, TLC will offer access to small business loans, through its new lending platform with Newtek Business Services, Inc. More information on the specifics of these, and other new benefits, will be released by TLC in the near future.

    Capping off the Summit was the presentation of TLC's highest recognition, the "Tributo Award" to California businessman, Castulo de la Rocha, for a lifetime of contributions to Hispanic business and the Latino community across the nation.
    "I can't think of a better way to acknowledge this, our most successful summit to date, than by honoring a personal mentor and good friend, Castulo de la Rocha", Barreto noted. "His lifetime of professional achievements is notable, no doubt; but his legacy of service and devotion to Latinos in California and America, places him as a true role model for all of us."

    For more information on the 2010 Economic Summit and Procurement Session, or to become a member of the Latino Coalition, visit http://www.thelatinocoalition.com
  • 05/03/2010 11:39 AM | TLC Team (Administrator)

    WASHINGTON, D.C. U.S. Small Business Administrator Karen G. Mills and Senators Robert Menéndez (D-NJ) and Lisa Murkowski (R-AK) and John Cornyn (R-TX) have confirmed their attendance to address the nearly sold out slate of Hispanic national entrepreneurs who will attend The Latino Coalitionâ??s (TLC) annual Economic Summit and Procurement Event. The summit will be held at the Mandarin Oriental Hotel in Washington, DC, on May 4-5. These additions complement a stellar roster of speakers that not only includes former Speaker of the House of Representatives, Newt Gingrich, but notable representatives of Fortune 500 companies; among them Intuit; Kodak; PG&E and Hewlett Packard.

    Simultaneously, the addition of the U.S Department of Commerce, General Service Administration (GAO), the Washington Metropolitan Area Transit Authority and the U.S. Department of Health and Human Services, mark this as this the best attended Procurement Session in the eventâ??s history. The Latino Coalition through its support and sponsorship of national procurement events has facilitated over 75,000 appointments that have netted an estimated $8 billion in contracts. In 2009, the session in Washington garnered more than 400 one-on-one appointments between buyers and Latino entrepreneurs from across the nation.

    Chairing this yearâ??s business matchmaking session will be Daniel F. Sturdivant II, Assistant Director for Outreach, U.S. Department for Homeland Security, who will also serve as moderator during the â??How to do Business with the Governmentâ?? panel that is also part of this two-day Summit. Another key part of the Summit are the legislative briefings, in which elected officials inform attendees with the latest developments on legislation that affect their industries.

    â??With the summit fast approaching, Iâ??m glad I made the time to attend,â?? said Aner lglesias, owner of King Ranch Markets in Los Angeles, CA. â??The roster of speakers is the best Iâ??ve seen and Iâ??m looking forward to what will be a fantastic procurement session,â?? he added.

    TLCâ??s Chairman, and former U.S. Small Business Administrator (2001-2006) Hector V. Barreto, is very bullish on this yearâ??s event. â??As the economy turns around, more and more businesses are expanding, so this is an ideal moment to invest in growth,â?? he said. We have expanded our procurement meeting capacity twice already and interest is high, so I am very pleased that our event will yield the best results to date,â?? he added.

    For details on how to register for The Latino Coalitionâ??s Washington, D.C., procurement event, visit: www.TheLatinoCoalition.com

  • 04/26/2010 11:41 AM | TLC Team (Administrator)

    WASHINGTON, D.C., April 26, 2010 â?? The Latino Coalition (TLC) is honored to announce that former Speaker of the House of Representatives, Newt Gingrich, will deliver keynote remarks at its annual Economic Summit and Procurement Event, to be held in Washington, DC, on May 5th. Gingrichâ??s presence at the event caps off a distinguished roster of presenters that includes congressional leaders from both political parties, captains of industry and Hispanic opinion makers. The two-day summit will gather Hispanic entrepreneurs from across the nation who seek expanded business opportunities through contracts with the Federal Government and Fortune 500 corporations. In 2009, the Economic Summit secured more than 300 one-on-one appointments between Latino entrepreneurs and procurement officers from these entities.

    First elected to Congress in 1978, Newt Gingrich quickly distinguished himself as a strategic leader and powerful advocate of his partyâ??s values. In 1989, he was elected Minority Whip and, in 1994, the 58th Speaker of the House of Representatives. He is widely credited as the architect of the Republican Revolution, which returned majority control of the House to the GOP in the mid-term elections of that year. The Contract with America, a landmark, 10-point, succinct public statement of accountability to the electorate, is also attributed the former Speaker. Today, Gingrich continues to be regarded as one of the nationâ??s leaders in matters of public and foreign policy, and is a sought after public speaker. He is also a noted TV commentator and accomplished author of 20 books.

    Keenly aware of the crucial role Hispanics play in Americaâ??s future, Gingrich is one of very few American Conservatives to develop a robust outreach program to this audience, which includes the launch of The Americano, a bilingual political commentary journal that touches on the issues important to the nation and Latinos; translation into Spanish of several of his books, and a national Hispanic leadership listening tour, to better understand the current dynamics and concerns of this, the fastest growing segment of the U.S. electorate.

    â??I am looking forward to my participation at The Latino Coalitionâ??s Economic Summit. Economic empowerment has been a key component in the ascent of Latinos in American life. Free enterprise and entrepreneurship are as important to Latinos as to the rest of Americans, so I am eager to speak â??but also listenâ?? to Latino entrepreneurs on issues that will push their businesses forward,â?? noted Gingrich.

    TLCâ??s Chairman, Hector V. Barreto, welcomed Gingrichâ??s participation: â??In our country, there are few political leaders with the breadth of experience and visionary perspective of former Speaker Newt Gingrich. I am sure all of our attendees will benefit from his incisve thoughts and global perspective.â??

    For details on how to register for The Latino Coalitionâ??s Washington, D.C., procurement event, visit: www.TheLatinoCoalition.com

  • 03/10/2010 10:43 AM | TLC Team (Administrator)

    The Latino Coalition Comments on Recent Statistics which Show Disparity in the Reception of Government Stimulus Funds. Need for Economic Summit Highlighted.

    WASHINGTON, D.C., March 10, 2010, In light of recently published statistics which show a disparate allotment of federal stimulus funds to minority owned businesses, The Latino Coalition (TLC), America’s leading advocate for Latino-owned, small and mid-sized businesses, today emphasized the importance of events like its annual Economic Summit and Business Procurement Event, scheduled for May 4-5 at the Mandarin Hotel in Washington, D.C.

    While Latinos make up 5.2% of all business owners in the U.S., they have only received 1.7 percent of $46 million in contracts, of the $862 billion allotted in the 2010 Economic Recovery Stimulus Package. With most of those funds distributed as tax credits and on a state-by-state basis, little is left for a much anticipated -and needed- trickle-down effect to these minority entrepreneurs.

    ‘These statistics demonstrate what The Latino Coalition has long held: that Hispanic entrepreneurs have a tougher go in making their businesses succeed, since federal government funds aren’t as easily accessible to them. This has been one of the key needs that prompted the creation of The Latino Coalition, and the main reason for our annual Economic Summit in Washington,’ said Hector V. Barreto, TLC’s Chairman and Former Administrator of the U.S. Small Business Administration (2001-2006).

    To date, events like TLC’s Economic Summit have secured hundreds of millions of dollars for participating companies and have helped lift the tide for Hispanics across the country.

    “We hope that Latino entrepreneurs from across the country take these statistics to heart and register to participate in our May Summit,” Barreto added.

    For details on how to register for the Latino Coalition’s Washington, D.C., procurement event, visit: www.TheLatinoCoalition.com

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